Island: New Providence/Paradise Island
Listed Price: $8,700,000
Property Type: Building and Land
Business Type: Hotel/Resort
Business Type: Hotel/Resort
Currency: BSD
Lot SqFt: 11276
Lot SqFt: 11276
Description: The Lighthouse Hotel is a 65 room hotel, located in Downtown Nassau, a mere stones throw from the Pointe Hotel, and the newly revitalized West Bay Street which has elongated the epicenter for retail sales in the Downtown area. The hotel sits upon an 11,276 Sqft lot that houses a 5-story building that is connected to the cities electrical grid and sewer systems. Presently the exterior perimeter of the ground floor has been renovated and houses a number of retail shops and a restaurant that appeals to the needs of the tourist who flood Junkanoo Beach for sun, sand and tranquil waters. Portions of the first floor has been renovated to 8 1bedroom townhouse style apartment units with the remaining floor housing smaller hotel rooms that have been renovated as income producing short term rentals. The second floor has also been renovated and has additional 1 room units also used for short term rentals. The 3rd and 4th floors have great potential and presently under renovation. The 5 floor is a rooftop pool that has beautiful panoramic views of Downtown Nassau.
MLS Number: 58779
Date Modified: 08/06/2024
Listed by: Hideaways Real Estate